I am beginning to wonder what the election year California press release deal will look like!
Truly interesting.
What I posted was from Clearing UP. Check out the URL good for only a week to see that a global settlement is still possibly in the works and that Cal AG Lockyer is trying to gain political standing from this.
I still think that the ISO, Cal PX, and DWP all were as guilty as the rest of the worst of the energy traders, but who knows what will happen.
Kind of some interesting stuff coming out of FERC regarding Enron settlements and what California might get.
smud too,they never name BChydro either
Shep said Enron had coached "an Oregon utility" on how to withold power from California to create a shortage in order to drive prices up.
My sense is that Bush wants a corporate sacrifice before the election to show he is "tough on corruption", and it's shaping up like Enron is the virgin of choice. (Maybe Bush really thinks he can win in California if he sends them a few billion. Pffft!)
So all the Davis/Lockyer lies told over and over again have paid off. Goebbels would be proud.